EGR 14.3% 12.0¢ ecograf limited

Hi Blitz,How do you expect a company to complete a bulk sample...

  1. 15,779 Posts.
    lightbulb Created with Sketch. 6800
    Hi Blitz,

    How do you expect a company to complete a bulk sample of a mineralisation which is 90-100m below the surface?

    You continue to prove you have no idea about Epanko and its Geology, just because the Fresh mineralsation on your own project starts 5-10m below surface and the company has completed zero bulk testing on any mineralisation I don't know why you feel you need to share your silly childish comments on EGR where you just look like you have no idea about graphite or any other companies project.

    Even @Natos brought up a thread years ago trying to debunk EGR's bulk sample, where he too was educated into learning Epanko's Fresh Mineralisation starts 90-100m below the surface.
    https://www.ecograf.com.au/new-pdfs/1299_0_ASXAnnouncements_BulkSampleOutperformsBlockModel.pdf

    Just to help you out,

    Fresh material which comprises 28% of the Ore Reserve and 72% of the Mineral Resource produces a product grade of 99% carbon with no modifications to the process
    flowsheet. Both the Eastern and Western pits remain open at depth and any conversion of Mineral Resources
    to Ore Reserves will be fresh material.

    The Ore Reserves for Epanko is

    https://hotcopper.com.au/data/attachments/4489/4489151-6eb8f50f555fb853122bbda9d82bdf11.jpg

    Based on EGR's 60ktpa production facility and its current Ore reserves would prove a mine life of 16 years. 28% of the ore reserve is FRESH mineralisation.

    If you use the total mineral resource (only 25% has been drilled) = 113.3Mt at 7.2% TGC for 8.1Mt contained graphite = 135 year mine life.

    Just to make this crystal clear to you blitz, out of the 135 year mine life, this is the resource that contains 72% fresh mineralisation





 
watchlist Created with Sketch. Add EGR (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.015(14.3%)
Mkt cap ! $54.48M
Open High Low Value Volume
11.0¢ 12.0¢ 10.5¢ $85.61K 760.1K

Buyers (Bids)

No. Vol. Price($)
1 50000 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 24094 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
EGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.